Table of Contents
2015 North American Category Management Report: Brake Pads and Shoes : Industry Consolidation, Rising Competition Threaten Growth Prospects
This category management report examines the North American brake friction aftermarket for passenger cars and light trucks. It delves into aftermarket demand for brake pads and brake shoes as vehicles in operation in the United States and Canada age and replacement parts are needed. It analyzes unit shipments and revenue forecasts, pricing trends, distribution channels, and market shares for the total aftermarket and by product segment. It also breaks down distributor brands in the brake pads aftermarket. It concludes with predictions for the aftermarket landscape. The study period is from 2011 to 2021. The base year is 2014, and the forecast period is 2015 to 2021.
Total manufacturer-level revenue will increase from $ billion in 2014 to approximately $ billion in 2021, with rising sales of best-segment brake pads driving the growth.
Brake pads account for more than % of revenue, compared with less than % for brake shoes. Revenue for brake pads will grow slightly faster than for shoes over the forecast period.
Sales of brake pads in the Best segment will increase manufacturer-level revenue from % to % over the 2014-2021 period, while Good segment revenue is forecasted to decline from % of revenue to %. Better segment revenue will increase from % to %.
Price increases will be limited to % annually because of the growing power of large auto parts distributors and high growth of private-label brands.
Federal-Mogul has been the leader in the North American brake friction aftermarket for the last decade, but it faces increasing competition from fast-growing Roulunds Braking.
Get Industry Insights. Simply.
Talk to Ahmad
+1 718 618 4302
Growing vehicle sales and parc is expected to fuel the automotive aftermarket for top 10 components The automotive aftermarket for top 10 components is projected to grow at a CAGR of 7.75%, to reach a ...
The automotive electric power assisted steering system market (EPS) is expected to account for $22.8 billion and grow at a CAGR of 13.28% till 2020. The market would be dominated by the European countries ...
Demand for reducing fuel consumption and logistical benefits drove the automobile manufacturers to shift from the age old hydraulic power steering systems, which has become obsolete due to high fuel consumption, ...